Re: So was oil price at $147/b due to demand !


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Re: So was oil price at $147/b due to demand !

Posted By: ed
Date: Friday, 10 October 2008, at 10:00 p.m.

In Response To: So was oil price at $147/b due to demand ! (Seall)

I look at it this way...
Speculation driven by expectations pushes the market up.The uptrending market draws in more speculation.When the decision is made to start unloading,it happens quick and prices go back down.
That's why for the ten years I been trading I mainly use charts.Fundamental analysis (for short term trading) is a waste of time,at least for me.
People ask why oil is/was so high.I say it was because there were more buyers than sellers.They think I am putting them on or trying to be funny...I say no,that's the reason and the next question is WHY are there more buyers than sellers...then go from there

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Messages In This Thread

So was oil price at $147/b due to demand ! (views:140)
Seall -- Friday, 10 October 2008, at 4:05 p.m.
- Re: So was oil price at $147/b due to demand ! (views:115)
  Lee -- Friday, 10 October 2008, at 4:14 p.m.
  - It wasn't the "sand folks" NM *NM* (views:84)
    Lee -- Friday, 10 October 2008, at 4:32 p.m.
  - Re: So was oil price at $147/b due to demand !/Lee (views:85)
    Seall -- Friday, 10 October 2008, at 6:01 p.m.
    - Demand for grains, metaals.....and stocks (views:102)
      Seall -- Friday, 10 October 2008, at 6:25 p.m.
- Re: So was oil price at $147/b due to demand ! (views:82)
  trend -- Friday, 10 October 2008, at 6:17 p.m.
  - Re: So was oil price at $147/b due to demand / tr! (views:71)
    Seall -- Friday, 10 October 2008, at 6:40 p.m.
    - Re: So was oil price at $147/b due to demand / tr! (views:84)
      trend -- Friday, 10 October 2008, at 7:20 p.m.
      - Re: So was oil price at $147/b due to demand / tr! (views:74)
        limitup -- Friday, 10 October 2008, at 9:06 p.m.
- Re: So was oil price at $147/b due to demand ! *PIC* (views:89)
  limitup -- Friday, 10 October 2008, at 8:54 p.m.
- Re: So was oil price at $147/b due to demand ! (views:88)
  ed -- Friday, 10 October 2008, at 10:00 p.m.
  - Re: So was oil price at $147/b due to demand ! (views:107)
    drmarty -- Friday, 10 October 2008, at 10:52 p.m.
    - Re: So was oil price at $147/b due to demand ! (views:114)
      TheInsider -- Saturday, 11 October 2008, at 12:40 a.m.
      - doom and gloom, oil, economy and american dollar (views:188)
        my2cents -- Saturday, 11 October 2008, at 12:10 p.m.
  - Re: So was oil price at $147/b due to demand ! (views:95)
    trend -- Friday, 10 October 2008, at 11:08 p.m.
- Re: So was oil price at $147/b due to demand ! (views:73)
  SEALL -- Wednesday, 15 October 2008, at 8:18 a.m.
  - It was never about (views:109)
    Mike the Plumber -- Wednesday, 15 October 2008, at 8:25 a.m.
    - Re: It was never about (views:64)
      trend -- Wednesday, 15 October 2008, at 5:55 p.m.
  - Re: So was oil price at $147/b due to demand ! (views:53)
    trend -- Wednesday, 15 October 2008, at 5:56 p.m.
    - Re: So was oil price at $147/b due to demand !/tre (views:68)
      SEALL -- Thursday, 16 October 2008, at 7:31 a.m.
      - Re: So was oil price at $147/b due to demand !/tre (views:53)
        trend -- Thursday, 16 October 2008, at 8:05 p.m.
- Re: The mechanics of crude oil and its products HO (views:92)
  drmarty -- Friday, 17 October 2008, at 2:52 a.m.
  - Re: The mechanics of crude oil and its products HO (views:67)
    Lee -- Friday, 17 October 2008, at 3:52 a.m.
    - Re: The mechanics of crude oil and its products HO (views:60)
      limitup -- Friday, 17 October 2008, at 5:30 a.m.
      - Re: The mechanics of crude oil and its products HO (views:76)
        Lee -- Friday, 17 October 2008, at 6:15 a.m.
        
        Re: The mechanics of crude oil and its products HO (views:59)
        limitup -- Sunday, 19 October 2008, at 9:54 p.m.
        
        Re: The mechanics of crude oil and its products HO (views:52)
        Lee -- Sunday, 19 October 2008, at 11:35 p.m.
    - Re: The mechanics of crude oil and its products HO (views:79)
      Alvin -- Friday, 17 October 2008, at 8:29 a.m.
    - Re: The mechanics of crude oil and its products HO (views:60)
      trend -- Friday, 17 October 2008, at 8:20 p.m.
      - Re: The mechanics of crude oil and its products HO (views:75)
        Lee -- Saturday, 18 October 2008, at 1:02 a.m.
        
        Re: The mechanics of crude oil and its products HO (views:81)
        trend -- Saturday, 18 October 2008, at 1:36 p.m.
        
        Re: The mechanics of crude oil and its products HO (views:60)
        Alvin -- Saturday, 18 October 2008, at 6:41 p.m.

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